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The aim of the paper is to show that Adam Smith elaborated a distinctive image of nature related to economic discourse. In Smith, visible events (or interdependencies) must be connected to invisible principles which, in particular, should provide an explanation of the self-coordination processes...
Persistent link: https://www.econbiz.de/10005505387
<title>Abstract</title> In his book, Cook maintains that throughout his life Marshall was a convinced idealist, under the early influence of Ferrier, later strengthened by his reading of Hegel. This article aims to show that Marshall's interest in Hegelian philosophy is associated owith his endorsement of...
Persistent link: https://www.econbiz.de/10010975901
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The paper examines Marshall's views on industrial organization in the light of his early interest in mental philosophy: routines are necessary for the functioning not only of mind but also of society, though in both cases they enhance the dangers of excessive specialization and 'overburdening'....
Persistent link: https://www.econbiz.de/10005505294
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Industry and Trade and the works on industrial economics by the Cambridge school - Chapman, Macgregor, Robertson, Lavington, A. Robinson and Florence - are usually neglected as if they were devoid of theoretical relevance. By contrast, the author argues that Marshall's evolutionary model,...
Persistent link: https://www.econbiz.de/10005282353